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Thursday, 27 October 2016

At the slum decadal growth rate of 34%, the slum households are
projected to go upto 18 million. 2 million non-slum urban poor households are
proposed to be covered under the Mission. Hence, total housing shortage
envisaged to be addressed through the new mission is 20 million.

The Mission is being implemented during 2015-2022 and provides central
assistance to Urban Local Bodies (ULBs) and other implementing agencies through
States/UTs for:

In-situ
Rehabilitation of existing slum dwellers using land as a resource through
private participation

Credit Linked
Subsidy

Affordable
Housing in Partnership

Subsidy
for beneficiary-led individual house construction/enhancement.

Credit linked subsidy component is being
implemented as a Central Sector Scheme while other three components as
Centrally Sponsored Scheme (CSS).

All statutory towns as per Census 2011 and towns
notified subsequently would be eligible for coverage under the Mission.

In the spirit of cooperative federalism, mission
provides flexibility to the States for choosing the best options amongst four
verticals of mission to meet the demand of housing in their states. Process of
project formulation and approval in accordance with the mission Guidelines has
been left to the States so that projects can be formulated, approved and
implemented faster

ATechnology Sub-Missionunder
the Mission has been set up to facilitate adoption of modern, innovative and
green technologies and building material for faster and quality construction of
houses. Technology Sub-Mission also facilitates preparation and adoption of
layout designs and building plans suitable for various geo-climatic zones. It
will also assist States/Cities in deploying disaster resistant and environment
friendly technologies.

Saturday, 22 October 2016

The Uttar Pradesh Cabinet on October 17, decided to provide cheap and affordable houses to the poor in the state, an official said.

The Cabinet meeting, presided over by Chief Minister Akhilesh Yadav, also took several other decisions, including increasing the salary of Madrassa Board teachers from Rs 8,000 to Rs 15,000 per month, he said.

A decision to further increase projects of e-governance in the state-run schemes was also given the green signal by the Cabinet.

Besides, a proposal to start a Chief Minister's Food Processing Mission was ratified by the state Cabinet and construction of an international theme park in Ayodhya was also given the go-ahead, the official added.

Monday, 17 October 2016

In the
second list of PM Narendra Modi’s ambitious Smart City Development Plan,Lucknowhas also found a place. The ‘City of
Nawabs’ is seen as one of fastest growing Tier II cities, particularly in terms
of infrastructure and standard of living. Earmarked to be developed as a ‘Smart
City’, Lucknow will now focus on the sustainable methods of living, energy
efficiency and tech-savvy modes of offering a better lifestyle to its residents.

The two factors that have contributed towards the spiralling
growth of Lucknow are- Connectivity and Infrastructure Development. Lucknow,
being a well connected city, has extreme potential to be developed into a
realty hub. Good road, rail and air connectivity make travelling and commuting
easier for the residents.Lucknowmetro development planis
also in the pipeline which will further boost the connectivity.

Recently, the city has seen significant development in the
commercial sector as well. The government is extensively focusing on more job
creation, hence encouraging the commercial development. Micro, Small and Medium
Enterprises (MSME), IT companies and other micro industries can be found in
Lucknow and in the surrounding areas. Health and hygiene sector is expected to
generate good employment opportunities in the future. A growth in service
sector has proven to transform a city’s economy with major influx of people
from the lesser developed areas. And Lucknow is expected to witness the same
trend in coming few years.

Lucknow offers a good mix of real estate properties ranging from
affordable to luxury to ultra-luxury segments. Developers adorn their
properties with state of the art amenities and a robust infrastructure which
becomes the center of attraction for these projects.

Since connectivity is the main factor behind Lucknow real estate
growth, the stretches along national highways and expressways are attracting
the investors. Kanpur Road, Sultanpur Road, Faizabad Road, Rai Bareilly Road
and Shahid Path are some of the areas that are witnessing good supply of
residential real estate. Initial developments started in main locations like
Gomti Nagar Extension, Jankipuram Extension and Indiranagar Extension. But
properties in these locations come with a higher price tag being the central
locations and offering grade A developments.

Omaxe was the first reputed builder to venture into the market.
Now, other builders like Excella Infrazone LLP, Parsvnath, Emaar Group and
Eldeco have also introduced some of their projects. One of the newest additions
is Excella Kutumb that is launched at Sultanpur Road.

Real estate experts are pretty sure that the above mentioned
locations are going to witness tremendous price appreciation in the coming
decade particularly on grounds of their excellent connectivity with nearby
areas. Upcoming infrastructure growth will further push the realty development
along these corridors. National highways and state highways are the perfect
locations to make an investment in the ‘City of Nawabs’. With growth in
infrastructure, these locations are bound to witness tremendous price
appreciation in the coming time.

In a survey, majority of homebuyers preferred buying a residential house over other property types.

Over 56 percent respondents preferred to buy a multi-storey apartment while another 20 percent chose residential house over other property types in a survey "How do you feel about buying a house?" conducted by Magicbricks. Buyers from Lucknow who also participated in the survey shared that they would like to make an investment within the coming 6 months.

Choose Aliganj

Magicbricks data indicate that Aliganj in Lucknow showed a price growth of 6 percent for apartments and 9 percent for residential houses. As a buyer, it makes sense to invest in a locality already witnessing a price jump. Trends are somewhat suggestive of the upcoming values in future.

Aliganj's current price trends are positive and if it is to be believed the property owners will enjoy good returns of investment in future.

The current average rate of properties is Rs 4,480 per sq ft. The residential inventory consists of residential houses, residential plots, villas and flats. The commercial inventory consists of commercial shops, commercial land, office spaces and commercial showrooms.

What do the residents say?

Magicbricks readers consider Aliganj as a good residential locality. This was reflected in the ratings shared by them.

Shailendra Kumar, a resident of the locality says, "Aliganj is a good locality. It is well-connected with public transport which is available for 24 hours. The locality has easy going traffic with parking facility. The safety quotient is high. It is clean with good infrastructure comprising of schools, market and hospitals."

The closest station is Vindhyachal Railway Crossing. Within a radius of 3km, one can find hospitals, schools, ATMs, restaurants, pharmacies, gyms, etc. Kursi Road Biotech Park is located in the area, thus offering open space to people looking for it. It is suitable for retirees, couples and families.

Saturday, 8 October 2016

Lucknow is moving with a greater place and is
achieving great heights in the ocean of real estate. It has recorded incredible
growth for itself. As per a lot of cities in Uttar Pradesh, more people are
moving forward to get established in this city. On top, Uttar Pradesh is
renowned for its population.

Accordingly, the city is giving enormous benefits to the real
estate builders all across the country. This type of development is heartening
numerous nationalized builders to emerge with Residential Plots forSale in Lucknowas well as commercial
properties along with finest rate facilities and amenities.

Sufficient reasons are at hand which are helpful with the growth
of real estate in the city. Monetary growth of the city is at its optimum level
as with the significant contribution of shopping complexes. Furthermore, with
the upward rise in the numbers of educational institutions, more students are
getting involved or can say are signing up.

The commercial areas are providing opportunities for the locals
to make investments and grow more. Simultaneously, the land rates in the city
perimeters are still reasonable in contrast to some other distinguished cities.
Inhabitants and non-inhabitants of the city are spending extra sums in terms of
Residential & Commercial Plots for Sale in
Lucknow city as to achieve satisfaction and endure a
generous lifestyle with comfortable livelihood.

As a rule each one is providing essential services like parking
area, excellent connectivity with neighboring cities, electricity supply around
the clock, and immediacy to schools, healthcare centers and shopping complexes.

There isn’t any boundary to the agreements that a dweller enjoys
however there are numerous rewards. Also, there are some prime locations like
Gomti Nagar, Sitapur Hardoi Road and many more in within the city experiencing
such developments. Therefore, people are looking forward onto book a home in
the type of flats or Plots for finest returns.

Friday, 7 October 2016

Lucknow is moving with a greater place and is
achieving great heights in the ocean of real estate. It has recorded incredible
growth for itself. As per a lot of cities in Uttar Pradesh, more people are
moving forward to get established in this city. On top, Uttar Pradesh is
renowned for its population.

Accordingly, the city is giving enormous benefits to the real
estate builders all across the country. This type of development is heartening
numerous nationalized builders to emerge with Residential Plots for Salein Lucknowas well as commercial properties
along with finest rate facilities and amenities.

Sufficient reasons are at hand which are helpful with the growth
of real estate in the city. Monetary growth of the city is at its optimum level
as with the significant contribution of shopping complexes. Furthermore, with
the upward rise in the numbers of educational institutions, more students are
getting involved or can say are signing up.

The commercial areas are providing opportunities for the locals
to make investments and grow more. Simultaneously, the land rates in the city
perimeters are still reasonable in contrast to some other distinguished cities.
Inhabitants and non-inhabitants of the city are spending extra sums in terms of
Residential & Commercial Plots for Sale inLucknow city as to achieve satisfaction and endure a
generous lifestyle with comfortable livelihood.

As a rule each one is providing essential services like parking
area, excellent connectivity with neighboring cities, electricity supply around
the clock, and immediacy to schools, healthcare centers and shopping complexes.

There isn’t any boundary to the agreements that a dweller enjoys
however there are numerous rewards. Also, there are some prime locations like
Gomti Nagar, Sitapur Hardoi Road and many more in within the city experiencing
such developments. Therefore, people are looking forward onto book a home in
the type of flats or Plots for finest returns.

Sunday, 11 September 2016

Development of the city in terms of Lucknow’s real estate has touched incredible heights. In the real estate world, Lucknow is gaining pride among prime locations of the country. As a result, people from all over the country who owns a necessity for a home in Uttar Pradesh is giving the city preference. Hence, the city is expected to suggest a number of benefits to the Real Estate Developers in Lucknow. This rate of development is forcing some reputed builders to emerge with residential and commercial properties prepared with elite services and amenities.

Getting somewhat in deeper, there are certain reasons behind real estate boom within the city. There are ample of reasons responsible to suggest a number of real estate benefits. The basic reasons behind the economic growth are the going on openings of educational institutes in the city. Students from all over India compete to gain a place in the institutes under various streams. As to overcome the requirement of accommodation for these students many Property Developers in Lucknow are taking steps in the form of flats or independent houses.

Furthermore, opening of commercial zones involving shopping complexes is providing a considerable share in the economic expansion. Thus, the inhabitants within the city are able to make a high source of income by making investments in such commercial sections. As well, the properties are reasonably priced adjacent to other parallel locations.

In the approaching years, the city is expected to have additional advancement in the field, thus, booking property with one of the Real Estate Developers in Lucknow can bring high returns of investment. Though, the non residents can investigate the finest property alternatives with the assistance of an experienced real estate consultant. Some of the firms are also occupied in advising the property options. With such capital, an entity can find the residential or commercial unit within their preferred budget and preferable location.

Saturday, 10 September 2016

Gauging the mood and sentiment of buyers in a real estate scenario is important. Like it or not, buyers play a key role in determining the momentum of the market. Buyers can be of two kinds - end users and investors. Which one of them are you?

Magicbricks is trying to understand the sentiment of buyers in the present market. Sentiment plays a significant role in driving markets. A survey - Housing Sentiment Index (HSI) has been built that will measure and quantify the buyers' mood or consumer sentiment and link this back to actual real estate performance.

The results of the survey will give an insight on how buyers and investors view the market, which in turn, influences their purchase decisions and aggregate demand. The results will also be early indicators of how markets would perform in the future.

Do your bit to uncover a layer of clarity to enhance transparency in the real-estate space.Take the survey

About Me

New Hut Infrastructure is a dynamic and
innovative company with a passionate commitment to excellence in real estate
development. Company was founded with a vision to create a never before
standards in real estate.